I agree with all you say. And supply has picked up just look at...

I agree with all you say. And supply has picked up just look at what Lynas is doing vs 18 monthsago. I think Demand is falling especially outside of china. The biggest user of Magnets is traditional vehicles in the auto sector. Sales in this sector have been falling for over 8 months. GDP is also a great predictor of general commodity demand. Englandand France GDP growth has slowed to near Zero. Italy is officially now in a recession. Germanys was negative in Q3, marginally positive in Q4 just missing officially being in recession. China is down but still at 6%. Us is down but still at 3%. If either of these fall by 30% which is not all that much commodities will really slow.

YOY using USD index. Metals are down 13% Oil 15.3%.

Every week the last two pages ofthe Economist has Statistics on different economic indicators. All the above are from these pages.

JMO watching key economic indicators will tell you more than reading about future PM products. I do believe REO Prices will rise much faster than other commodities once the economy becomes robust again. The many new products it will be used in need a robust economy to take off. People go back to basics when economies slow.